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Winter Is Coming: Examining the Economy's Eight-Body Problem
From the devastation of the service industry to never-ending central bank intervention, these factors make predicting the future of the economy nearly impossible.
Updated Sep 14, 2021, 9:46 a.m. Published Aug 21, 2020, 7:00 p.m.
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From the devastation of the service industry to never-ending central bank intervention, these factors make predicting the future of the economy nearly impossible.
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
The “three-body problem” is a physics issue that deals with unpredictable futures.
In a recent essay, John Mauldin argues the economy is actually experiencing an “eight-body problem.”
See also: Here Comes the Most Bizarre Bull Market Yet
On today’s episode, NLW explores each of those dimensions shaping the challenge we face, including:
- Central bank intervention
- The destruction of the service industry
- The implosion of global trade
In the end, he argues that in a world ruled by chaos, fighting to control the narrative might be the only rational move.
Read Ben Hunt’s essay “The Three-Body Problem.”
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
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